Civic Intelligence

Fort Wayne Railroad Historical Society Inc

EIN 23-7255168 • 501(c)3 • Fort Wayne, IN

Profile

The purpose of the fort wayne railroad historical society, inc is to restore and preserve historical railroad equipment and artifacts that are significant to northeast indiana. Our intent is to restore and operate the equiopment and artifacts to the public.

PO Box 11017Fort Wayne, IN 46855

www.fortwaynerailroad.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

55th percentile

0.09x

Higher debt load relative to assets than 55% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

60th percentile

0.14x

Higher debt load relative to revenue than 60% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

14th percentile

-20%

Higher net margin than 14% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

55th percentile

$71,249

Higher top officer pay than 55% of similar nonprofits.

Top officer pay equals 3.6% of source-year revenue.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Asset Growth

83rd percentile

26%

Faster asset growth than 83% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

60th percentile

13%

Faster revenue growth than 60% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Up

$2,998,777

Up $626,923 (+26%) from 2023

Liabilities

Down

$275,176

Down $73,951 (-21%) from 2023

Net Assets

Up

$2,723,601

Up $700,874 (+35%) from 2023

Revenue

Up

$1,977,252

Up $233,795 (+13%) from 2023

Expenses

Up

$2,373,244

Up $945,419 (+66%) from 2023

Net Income

Down

-$395,992

Down $711,624 (-225%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$3.0M$2.0M$1.0M$0Assets 2013: $610,228Liabilities 2013: $3,848Net Assets 2013: $606,3802013Assets 2020: $617,966Liabilities 2020: $0Net Assets 2020: $617,9662020Assets 2021: $766,869Liabilities 2021: $0Net Assets 2021: $766,8692021Assets 2022: $1,849,784Liabilities 2022: $465,703Net Assets 2022: $1,384,0812022Assets 2023: $2,371,854Liabilities 2023: $349,127Net Assets 2023: $2,022,7272023Assets 2024: $2,998,777Liabilities 2024: $275,176Net Assets 2024: $2,723,6012024

Highlighted filing

2024

Assets$2,998,777
Liabilities$275,176
Net Assets$2,723,601

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2013: $729,395Expenses 2013: $600,597Net Income 2013: $128,7982013Revenue 2020: $106,834Expenses 2020: $152,934Net Income 2020: -$46,1002020Revenue 2021: $361,377Expenses 2021: $208,954Net Income 2021: $152,4232021Revenue 2022: $1,279,385Expenses 2022: $658,593Net Income 2022: $620,7922022Revenue 2023: $1,743,457Expenses 2023: $1,427,825Net Income 2023: $315,6322023Revenue 2024: $1,977,252Expenses 2024: $2,373,244Net Income 2024: -$395,9922024

Highlighted filing

2024

Revenue$1,977,252
Expenses$2,373,244
Net Income-$395,992

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Apr 8, 2025
Return Version
2024v5.0
Gross Receipts
$2,008,331
Mission and Program Overview

Mission

The purpose of the fort wayne railroad historical society, inc. Is to restore and preserve historical railroad equipment and artifacts that are significant to northeast indiana. Our intent is to restore and operate the equipment and artifacts to the public.

The purpose of the fort wayne railroad historical society,inc. Is to restore and preserve historical railroad equipment and artifacts that are significant to the northeast indiana area. Our intent is to restore and operate the equipment ant artifacts to the public.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$2,022,727$2,723,601▲ $700,874
Land, Buildings, and Equipment, Net$1,221,130$1,372,942▲ $151,812
Savings and Temporary Cash Investments$473,978$1,205,394▲ $731,416
Cash and Non-Interest-Bearing Accounts$676,746$420,441▼ $256,305
Loans From Officers Directors$349,127$264,206▼ $84,921
Accounts Receivable$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$2,371,854$2,998,777▲ $626,923
Other Assets Total$0$0→ $0
Liabilities
Other Liabilities$0$10,970▲ $10,970
Accounts Payable and Accrued Expenses$0$0→ $0
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$349,127$275,176▼ $73,951
Net Assets / Fund Balance
Total Net Assets Fund Balance$2,022,727$2,723,601▲ $700,874
Total Liabilities and Net Assets / Fund Balance$2,371,854$2,998,777▲ $626,923

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$904,338$60,004$964,342
Buildings$203,604$14,396$218,000
Land$154,500-$154,500
Equipment$110,500$0$110,500
Leasehold Improvements$0$0$0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Kelly C LynchExecutive Director / Vice PresidentFT$71,249$71,249

Board Members and Trustees

NameTitle
Chuck YoungDirector / President
Joe KnapkeDirector
Steve WinickerDirector
William MartzDirector
William OtterDirector
Zach HallDirector
Wayne YorkDirector / Secretary
William D MillerDirector / Treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$647,509
Program Service Revenue
$1,173,457
Investment Income
$108,966
Other Revenue
$47,320
All Other Contributions
$589,499
Change in Net Assets
$-395,992
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,298,941
Salaries, Compensation, and Employee Benefits$74,303
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$180,830$0$0$180,830
Other Expenses$167,761$0$0$167,761
Insurance$156,903$0$0$156,903
Depreciation Depletion$0$82,518$0$82,518
Other Salaries and Wages$0$63,333$0$63,333
Fees for Services Accounting$0$18,550$0$18,550
Information Technology$0$13,604$0$13,604
Payroll Taxes$0$10,970$0$10,970
Travel$0$10,873$0$10,873
Interest$0$5,881$0$5,881
All Other Expenses$3,947$1,316$0$5,263
Conferences and Meetings$0$5,107$0$5,107
Fees for Services Legal$0$855$0$855
Office Expenses$0$421$0$421
Payments to Affiliates$0$205$0$205
Total Functional Expenses$2,119,166$254,078$0$2,373,244
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$349,127$264,206▼ $84,921
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

The organization is members only. There are no stockholders

Form 990, Part VI, Section A, Line 7A

Board members are elected to 2 year terms at the annual membership meeting.

Form 990, Part VI, Section A, Line 7B

Members are required to approve, by majority vote, any changes to the organization by-laws. Other decisions by the board of directors do not require membership approval. All members have the option to attend the monthly board meetings.

Form 990, Part VI, Section B, Line 11B

No review was or will be conducted.

Form 990, Part VI, Section B, Line 15

Review is conducted by committee made up of directors, officers, and a general member. Data reviewed and compared to like positions. Last utilized when the executive director was hired in 2024.

Form 990, Part VI, Section C, Line 19

The organization maintains a 'readfile' that is available to all members at our restoration shop located at 15808 edgerton rd, new haven, in. The file contains monthly bod minutes, monthly financial reports, written policy letters, and by-laws. This file is required reading for all volunteers. The public portion of form 990 is available as well

Filing and Contact Details

Filer

Filer Name
Fort Wayne Railroad Historical Society Inc
EIN
23-7255168
Phone
2604930765
Address
PO Box 11017, Fort Wayne, IN 46855

Signing Officer

Name
William Miller
Title
Treasurer
Phone
4193032690
Signed
2025-04-08

Organization Details

Principal Officer
Chuck Young
Formed
1972
Legal Domicile
In
Voting Board Members
9
Independent Board Members
9
Employees
1
Volunteers
75
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 4D

Various administrative functions to include printing, postage, and shipping. Maintain the website www.fortwaynerailroad.org. Travel and lodging

Form 990, Part XI, Line 9

Purchased rail passenger car

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IRS990/InsuranceGrp/FundraisingAmt00
IRS990/InsuranceGrp/ManagementAndGeneralAmt00
IRS990/InsuranceGrp/ProgramServicesAmt0156903
IRS990/InsuranceGrp/TotalAmt0156903
IRS990/IntangibleAssetsGrp/BOYAmt00
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/FundraisingAmt00
IRS990/InterestGrp/ManagementAndGeneralAmt05881
IRS990/InterestGrp/ProgramServicesAmt00
IRS990/InterestGrp/TotalAmt05881
IRS990/InventoriesForSaleOrUseGrp/BOYAmt00
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentExpenseAmt0400000
IRS990/InvestmentIncomeGrp/ExclusionAmt062069
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt062069
IRS990/InvestmentIncomeGrp/UnrelatedBusinessRevenueAmt00
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt00
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/BOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt00
IRS990/InvestmentsPubTradedSecGrp/EOYAmt00
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt074400
IRS990/LandBldgEquipBasisNetGrp/BOYAmt01221130
IRS990/LandBldgEquipBasisNetGrp/EOYAmt01372942
IRS990/LandBldgEquipCostOrOtherBssAmt01447342
IRS990/LegalDomicileStateCd0IN
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt00
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt00
IRS990/LoanOutstandingInd00
IRS990/LoansFromOfficersDirectorsGrp/BOYAmt0349127
IRS990/LoansFromOfficersDirectorsGrp/EOYAmt0264206
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembershipDuesAmt058010
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE PURPOSE OF THE FORT WAYNE RAILROAD HISTORICAL SOCIETY, INC IS TO RESTORE AND PRESERVE HISTORICAL RAILROAD EQUIPMENT AND ARTIFACTS THAT ARE SIGNIFICANT TO NORTHEAST INDIANA. OUR INTENT IS TO RESTORE AND OPERATE THE EQUIOPMENT AND ARTIFACTS TO THE PUBLIC.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt00
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt00
IRS990/NetAssetsOrFundBalancesBOYAmt02022727
IRS990/NetAssetsOrFundBalancesEOYAmt02723601
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt046897
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt046897
IRS990/NetGainOrLossInvestmentsGrp/UnrelatedBusinessRevenueAmt00
IRS990/NetIncomeOrLossGrp/ExclusionAmt047320
IRS990/NetIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt047320
IRS990/NetIncomeOrLossGrp/UnrelatedBusinessRevenueAmt00
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt00
IRS990/NoncashContributionsAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/FundraisingAmt00
IRS990/OccupancyGrp/ManagementAndGeneralAmt00
IRS990/OccupancyGrp/ProgramServicesAmt0180830
IRS990/OccupancyGrp/TotalAmt0180830
IRS990/OfficeExpensesGrp/FundraisingAmt00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0421
IRS990/OfficeExpensesGrp/ProgramServicesAmt00
IRS990/OfficeExpensesGrp/TotalAmt0421
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt00
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherChangesInNetAssetsAmt0400000
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt00
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0PASSENGER CARS
IRS990/OtherExpensesGrp/Desc1EXCURSION EXPENSES
IRS990/OtherExpensesGrp/Desc2OTHER OPERATING EXPENSES
IRS990/OtherExpensesGrp/Desc3LOCOMOTIVES
IRS990/OtherExpensesGrp/FundraisingAmt00
IRS990/OtherExpensesGrp/FundraisingAmt10
IRS990/OtherExpensesGrp/FundraisingAmt20
IRS990/OtherExpensesGrp/FundraisingAmt30
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt00
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt10
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt240445
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt30
IRS990/OtherExpensesGrp/ProgramServicesAmt0336160
IRS990/OtherExpensesGrp/ProgramServicesAmt11041310
IRS990/OtherExpensesGrp/ProgramServicesAmt2232255
IRS990/OtherExpensesGrp/ProgramServicesAmt3167761
IRS990/OtherExpensesGrp/TotalAmt0336160
IRS990/OtherExpensesGrp/TotalAmt11041310
IRS990/OtherExpensesGrp/TotalAmt2272700
IRS990/OtherExpensesGrp/TotalAmt3167761
IRS990/OtherLiabilitiesGrp/BOYAmt00
IRS990/OtherLiabilitiesGrp/EOYAmt010970
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt00
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt063333
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt00
IRS990/OtherSalariesAndWagesGrp/TotalAmt063333
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt00
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd00
IRS990/PaymentsToAffiliatesGrp/FundraisingAmt00
IRS990/PaymentsToAffiliatesGrp/ManagementAndGeneralAmt0205
IRS990/PaymentsToAffiliatesGrp/ProgramServicesAmt00
IRS990/PaymentsToAffiliatesGrp/TotalAmt0205
IRS990/PayrollTaxesGrp/FundraisingAmt00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt010970
IRS990/PayrollTaxesGrp/ProgramServicesAmt00
IRS990/PayrollTaxesGrp/TotalAmt010970
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PensionPlanContributionsGrp/FundraisingAmt00
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt00
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt00
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0Chuck Young
IRS990/PriorPeriodAdjustmentsAmt0296866
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0485000
IRS990/ProgramServiceRevenueGrp/Desc0EXCURSIONS
IRS990/ProgramServiceRevenueGrp/ExclusionAmt00
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01173457
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01173457
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/ProgSrvcAccomActy2Grp/Desc0PROTECTION OF ARTIFACTS AND PROVIDE LIABILITY INSURANCE.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0309683
IRS990/ProgSrvcAccomActy2Grp/GrantAmt00
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt00
IRS990/ProgSrvcAccomActy3Grp/Desc0UTILITIES AND UPKEEP OF MUSEUM FACIILTIES
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt0134969
IRS990/ProgSrvcAccomActy3Grp/GrantAmt00
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt00
IRS990/ProgSrvcAccomActyOtherGrp/Desc0ADMINISTRATIVE, OFFICE SUPPLIES, WEBSITE, SHIPPING.
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt0286100
IRS990/ProgSrvcAccomActyOtherGrp/GrantAmt00
IRS990/ProgSrvcAccomActyOtherGrp/RevenueAmt00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00

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